BRN 0.00% 31.0¢ brainchip holdings ltd

@zeeb0tIt is interesting as the NDA would be for the benefit of...

  1. 1,282 Posts.
    lightbulb Created with Sketch. 1311
    @zeeb0t

    It is interesting as the NDA would be for the benefit of Tensor, not Brainchip. Like when BRN did the American car manufacturer announcement and ASX said not good enough and BRN had to then get approval of Ford to release their name (or perhaps not, majority of NDA's say they can release information if legally required to do so).

    Hence, if Tensor have started releasing information to the market, then BRN will have no obligation to keep this information quiet due to a NDA as Tensor has breached the agreement and the info is now publicly available.

    The only issue I have is I actually am not sure what the announcement tomorrow will say. If Tensor and BRN have yet to enter into a commercial agreement, and perhaps even Tensor has yet to receive a commercial chip, then the announcement may be a difficult one to word.

    Perhaps..."We are working to finalise a commercial agreement with Tensor, who in turn are negotiating with NASA and we will update the market in due course on when we have a finalised commercial agreement." Obviously more words needed than that but it's a start...
    Last edited by LJohn: 23/08/20
 
watchlist Created with Sketch. Add BRN (ASX) to my watchlist
(20min delay)
Last
31.0¢
Change
0.000(0.00%)
Mkt cap ! $572.2M
Open High Low Value Volume
31.0¢ 32.0¢ 30.5¢ $1.046M 3.347M

Buyers (Bids)

No. Vol. Price($)
34 781660 30.5¢
 

Sellers (Offers)

Price($) Vol. No.
31.0¢ 180209 5
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
30.8¢
  Change
0.000 ( 1.16 %)
Open High Low Volume
31.0¢ 32.0¢ 30.5¢ 2790985
Last updated 15.59pm 29/03/2024 ?
BRN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.